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Affiliate Marketing

The reach of “web” has created a global community across borders post 20th century. The revolution of computers and smartphones created a huge cyber space in human life. In a postmodern era, where lives are more digitised than lived, the products for living must also be digitised. With a basic understanding of social media platform, one can build a virtual community. Promotion of a product among social media communities provides a wider reach. As an affiliate marketer, one has to promote certain products among their niche community, and if the product is consumed on your recommendation, you get a share of the revenue. Earning in this setup is on a revenue sharing basis and is a great source of earning in today’s scenario.

Why you should choose this idea?

There are several aspects of affiliate marketing that make it a good home business option including: Low cost to get started. Most affiliate programs are free to join, so your costs are usually related to your referral/marketing methods. No need to create a product or service.

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Skills you need

Problem-Solving & Decision-Making. Affiliate marketing means you're constantly solving problems

Creativity & Marketing. This is affiliate marketing, so being a good marketer is necessary in this business.

Being an affiliate marketer does require some basic technical knowledge.

Affiliate marketing isn’t as people-oriented as some other industries are, but developing social and communication skills will help you.

Things required to start

Choose a niche. Most successful affiliate marketers focus on niches when finding and promoting a product.

Research potential affiliate products and services that fit in your niche or with your website. Don't simply choose a program for profit potential.

Computer and technical skills

product idea.

Investment Needed

A domain name

Hosting

SEO and Keyword Tools

PPC

Outsourcing

Choose the Right Merchant

Finding Customers

Research the Demand of the Product

Finding affiliate program partners.

Review products in your niche.

Attract Sales with Coupons, Deals, and Promotions

Leverage the Power of Niche Influencers.

Build a Robust Affiliate Network.

Action Plan

Coming up with a product idea

Creating the product.

Go to affiliate-program.amazon.com

Research different affiliate programs and products

Produce excellent content.

Summary

Business Activity – Follow your Market Analysis skill
Target Customers - Any individual on the earth & over internet
Investment – Almost Zero to start